🚨🇮🇳 INDIAN RUPEE IS BACK NEAR ITS ALL-TIME LOW.


RUPEE is trading at 96.5009 against the dollar. with a Record low of 96.965, from May.
Brent just crossed $92.50, up over 20% in two weeks, as US-Iran strikes keep intensifying.
RBI is selling dollars in BOTH offshore and onshore markets just to save the line.
Crude is two-thirds of India's import bill. Every dollar of oil price increase becomes rupee weakness almost immediately.
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